Detailed Single Year Tables

Description of Proposed Provision:
Starting December 2013, add 1 percentage point to the annual COLA for beneficiaries who have lived past a specified age. The specified age is the sum of: (1) 65 and (2) the unisex cohort life expectancy at age 65.

&nbsp

Financial Estimates for the OASDI Trust Fund Program

&nbsp

&nbsp

Proposal

&nbsp

Change from Present Law

&nbsp

Expressed as a percentage of present-law taxable payroll

Trust fund ratio as of January 1

Expressed as a percentage ofpresent-law taxable payroll

Calendaryear

Costrate

Incomerate

Annualbalance

Costrate

Incomerate

Annualbalance

2012

13.83

12.89

-0.93

340

0.00

0.00

0.00

2013

13.95

12.83

-1.12

329

0.00

0.00

0.00

2014

14.00

12.93

-1.07

315

0.02

0.00

-0.02

2015

14.00

12.95

-1.04

301

0.03

0.00

-0.03

2016

13.98

12.98

-1.00

288

0.04

0.00

-0.04

2017

13.96

13.01

-0.95

276

0.05

0.00

-0.05

2018

14.01

13.04

-0.98

264

0.05

0.00

-0.05

2019

14.19

13.06

-1.14

251

0.06

0.00

-0.05

2020

14.44

13.08

-1.36

238

0.06

0.00

-0.06

2021

14.72

13.11

-1.61

224

0.06

0.00

-0.06

2022

15.04

13.13

-1.91

209

0.07

0.00

-0.06

2023

15.36

13.15

-2.21

194

0.07

0.00

-0.07

2024

15.67

13.17

-2.50

177

0.07

0.00

-0.07

2025

15.96

13.18

-2.77

160

0.07

0.00

-0.07

2026

16.23

13.20

-3.03

143

0.08

0.00

-0.07

2027

16.49

13.22

-3.27

124

0.08

0.00

-0.07

2028

16.71

13.23

-3.48

105

0.08

0.00

-0.07

2029

16.91

13.24

-3.67

85

0.08

0.00

-0.07

2030

17.08

13.25

-3.83

64

0.08

0.00

-0.07

2031

17.23

13.26

-3.96

43

0.08

0.00

-0.08

2032

17.33

13.27

-4.06

21

0.08

0.00

-0.08

2033

17.41

13.28

-4.14

----

0.08

0.00

-0.08

2034

17.46

13.28

-4.18

----

0.09

0.00

-0.08

2035

17.50

13.28

-4.21

----

0.09

0.00

-0.08

2036

17.52

13.29

-4.23

----

0.09

0.01

-0.09

2037

17.53

13.29

-4.24

----

0.09

0.01

-0.09

2038

17.52

13.29

-4.23

----

0.10

0.01

-0.09

2039

17.49

13.29

-4.20

----

0.10

0.01

-0.10

2040

17.46

13.29

-4.17

----

0.11

0.01

-0.10

2041

17.43

13.29

-4.14

----

0.11

0.01

-0.10

2042

17.39

13.29

-4.11

----

0.11

0.01

-0.11

2043

17.36

13.28

-4.07

----

0.11

0.01

-0.11

2044

17.33

13.28

-4.04

----

0.11

0.01

-0.11

2045

17.30

13.28

-4.02

----

0.12

0.01

-0.11

2046

17.28

13.28

-3.99

----

0.12

0.01

-0.11

2047

17.25

13.28

-3.97

----

0.12

0.01

-0.11

2048

17.23

13.28

-3.95

----

0.12

0.01

-0.11

2049

17.22

13.28

-3.93

----

0.12

0.01

-0.11

2050

17.20

13.28

-3.92

----

0.12

0.01

-0.11

2051

17.19

13.28

-3.91

----

0.12

0.01

-0.11

2052

17.19

13.28

-3.91

----

0.12

0.01

-0.12

2053

17.19

13.28

-3.91

----

0.12

0.01

-0.12

2054

17.20

13.28

-3.92

----

0.12

0.01

-0.12

2055

17.21

13.28

-3.93

----

0.12

0.01

-0.12

2056

17.23

13.29

-3.94

----

0.12

0.01

-0.12

2057

17.25

13.29

-3.96

----

0.12

0.01

-0.12

2058

17.26

13.29

-3.97

----

0.12

0.01

-0.12

2059

17.27

13.29

-3.98

----

0.12

0.01

-0.12

2060

17.28

13.29

-3.99

----

0.12

0.01

-0.12

2061

17.28

13.29

-3.99

----

0.12

0.01

-0.12

2062

17.29

13.29

-4.00

----

0.12

0.01

-0.11

2063

17.29

13.29

-4.00

----

0.12

0.01

-0.11

2064

17.30

13.29

-4.01

----

0.11

0.01

-0.11

2065

17.31

13.29

-4.02

----

0.11

0.01

-0.10

2066

17.33

13.30

-4.03

----

0.11

0.01

-0.10

2067

17.35

13.30

-4.05

----

0.11

0.01

-0.10

2068

17.37

13.30

-4.07

----

0.11

0.01

-0.10

2069

17.40

13.30

-4.10

----

0.11

0.01

-0.10

2070

17.43

13.30

-4.13

----

0.11

0.01

-0.10

2071

17.46

13.30

-4.15

----

0.11

0.01

-0.10

2072

17.48

13.31

-4.18

----

0.11

0.01

-0.10

2073

17.51

13.31

-4.20

----

0.11

0.01

-0.10

2074

17.54

13.31

-4.23

----

0.11

0.01

-0.10

2075

17.57

13.31

-4.26

----

0.11

0.01

-0.10

2076

17.60

13.31

-4.28

----

0.11

0.01

-0.10

2077

17.62

13.32

-4.31

----

0.11

0.01

-0.11

2078

17.65

13.32

-4.34

----

0.11

0.01

-0.11

2079

17.69

13.32

-4.37

----

0.12

0.01

-0.11

2080

17.72

13.32

-4.40

----

0.12

0.01

-0.11

2081

17.76

13.32

-4.43

----

0.12

0.01

-0.11

2082

17.79

13.33

-4.47

----

0.12

0.01

-0.11

2083

17.83

13.33

-4.50

----

0.12

0.01

-0.11

2084

17.87

13.33

-4.54

----

0.11

0.01

-0.11

2085

17.91

13.33

-4.57

----

0.11

0.01

-0.11

2086

17.95

13.34

-4.61

----

0.11

0.01

-0.11

2087

17.98

13.34

-4.64

----

0.11

0.01

-0.10

&nbsp

Summarized Estimates

&nbsp

&nbsp

Proposal

&nbsp

Change from Present Law

Years

Costrate

Incomerate

Actuarialbalance

Year of reserve depletion1

Costrate

Incomerate

Actuarialbalance

Based on Intermediate Assumptions of the 2012 Trustees Report.

2012-2086

16.78%

14.03%

-2.75%

2032

0.09%

0.01%

-0.09%

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1 Under present law, the year of Trust
Fund reserve depletion is 2033.